Dave's Hot Chicken
Roark Capital (which already controls Subway, Dunkin', Arby's, Sonic, and more) acquired a 75% majority stake in Dave's Hot Chicken for ~$1 billion in June 2025. The chain had 245+ locations and $617M in 2024 sales. Roark's restaurant empire is now the largest franchise operation outside publicly traded companies.
- FOUNDED
- 2017
- ACQUIRED
- Roark Capital, 2025, $1 billion
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Editorial Record
maintained by DeathbyPE. Every claim links to a public source.Timeline
2017
Dave's Hot Chicken founded
2025
Acquired by Roark Capital for $1 billion
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